11/26/2013
Deutsche Bank Retains 'Custodian of the Year' Title
Deutsche Bank's custody business in Jersey and Guernsey has been recognised for the second year in a row at the Custody Risk European Awards 2013
Regulation, Risk & Compliance
11/21/2013
SEC slams Florida advisers with fraud charges for taking huge commissions on risky investments
The advisers also are charged with contributing to violations of the “custody rule” that requires investment advisory firms to establish specific procedures to safeguard and account for client assets.
11/19/2013
AIFMD – another catalyst for a move to Guernsey
Guernsey also has an advantage over many of its competitor jurisdictions in that there is already significant substance to many of the existing arrangements which investment houses have in the Island.
11/17/2013
Executive summary from the Global Regulatory Outlook report
The last 12 months has been another year of change for the financial services industry. We have begun the move from inter- and intranational debate about the shape and purpose of regulation, to a period of understanding the implications for business follo
11/13/2013
Davos International Bank Receives Positive Certification in the Fight against Money Laundering
The Supervisor of International Banks and Trust Corporations of the Financial Services Regulatory Commission, stated the rating had been "satisfactory," according to the evaluation ranges used for this purpose.
11/07/2013
Guernsey event shows practical aspects of AIFMD implementation
The event, ‘AIFMD: Practical aspects of implementation’, was held on Tuesday 5 November at the recently refurbished Rosewood London.
11/06/2013
Cayman Islands considers public registry of Phantom Firms
On 31 October, the UK announced a proposal for a public register of beneficial ownership information, following the results of its public consultation.
11/02/2013
BERMUDA: FATCA Event Draws In Leading Professionals
We were delighted with the healthy turnout for the event and the feedback received
10/29/2013
Jersey Financial Services Commission warns of potential cyber attack
The Jersey Financial Services Commission has issued a warning that financial services firms on the island are to be targeted by cyber attacks.
10/28/2013
Swiss Exchange Probes Liechtenstein Bank’s Director Deals
The Zurich stock exchange’s regulatory unit said it’s investigating Liechtensteinische Landesbank AG for possibly breaching rules on the disclosure of management transactions.
10/24/2013
Jersey is first with amendment to trust legislation
The amendment incorporates into the Trusts (Jersey) Law 1984 the existing law on mistake and the so called ‘rule in Hastings-Bass’*, the latter being a legal first within the international trust’s arena.
10/16/2013
Mauritius-based Foreign Investors Face Tougher Norms
Foreign institutional investors funds and other entities which invest in India via the Mauritius route will soon have to meet additional regulatory norms to prove that they are 'controlled and managed in Mauritius'.
10/15/2013
Bahamas FM Encourages Entrepreneurship In Compliance
We in The Bahamas have excelled in developing human capital and professionals in compliance.
09/04/2013
Family Office Exchange Introduces Wealth Advisor Council in Europe
The Wealth Advisor Council will provide advisors with a private peer group, supported by FOX research, to help guide their future growth as advisors to the high net worth market.
09/03/2013
FOX Offering a Series of Educational Roundtables to Business-Owning Families
Events to Address Family Engagement, Board Development and Managing Business Risk
08/22/2013
Family Offices Are Increasingly Cautious Of Hedge Funds
Accessing them. Finding substantial family offices tends to be difficult, as they generally prefer to stay under the radar.
08/14/2013
Hedge fund and family office middle office firms merge
Their target market is hedge funds, family offices and institutional funds.
08/05/2013
Family Offices Chasing Wealthy’s $46 Trillion in Assets
McNeill’s job is to help Ascent’s clients discover their pasts, skeletons and all, and gain perspective on their Gatsby-sized fortunes.
08/05/2013
Single-Family Offices Embrace Strategic Outsourcing
Single-family offices are often expensive propositions. They’re generally very much boutique operations employing high-caliber experts in the service of the very wealthy.
08/01/2013
The New View From an Old Family
The Chief Investment Officer of the Pitcairn multifamily office in Jenkintown, Pa., viscerally understands the competitive advantage that wealthy families have in the marketplace